1417 1st Ave SE | Cedar Rapids, IA 52402
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- LoopNet Team
1417 1st Ave SE
Cedar Rapids, IA 52402
Arby's | New 20yr Abs NNN w/ Incrses | DrThru · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Lease | DRM, Inc. (121-Units) | 5% Increases | 4 (5-Year) Options
- Fronting 1st Avenue NE | Surrounding National Retailers | Drive-Thru Equipped | Across From Coe College | Off I-380
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,781 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.58 AC
Zoning
C - Commercial
Frontage
120’ on 1ST AVE
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 14222-54001-00000 | Improvements Assessment | $630,300 |
| Land Assessment | $151,200 | Total Assessment | $781,500 |
PROPERTY TAXES
Parcel Number
14222-54001-00000
Land Assessment
$151,200
Improvements Assessment
$630,300
Total Assessment
$781,500
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